Umicore SA Monitor

Umicore SA Annual Report 2017
CR Monitor Issue: 
Company covered: 
Umicore SA
Period End: 
31 December, 2017
Report issued on 12 June 2018 covered the following practice issues:
Bargain purchase resulting in recognition of business acquisition gain.
Business acquisition loss recognised in respect of acquisition achieved in stages.
Disclosure of share issue and a business acquisition and disposal in a post balance sheet events note.
Disclosure included in respect of IFRIC 23 "Uncertainty over income tax treatments"

Employment termination benefits: An emerging issue under IFRS

This report covers the accounting treatment of termination benefits in light of additional guidance given by a revised version of IAS 19 “Employee benefits”. It considers changes in classification and recognition of amounts linked to termination benefits and disclosure of the financial impacts arising from related changes in policy.